We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · NN4 9DB
Sold STCReduced £10k (−7.1%) on 16 JulListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A fantastic opportunity to acquire this well presented coach house, situated on a highly sought after development to the south of the town, offering excellent access to the ring road and M1 (J15A).
The property is ideally located for a range of local amenities at nearby Pineham village, including a Co-op supermarket, café, fish and chip shop, and a local school.
The area also benefits from attractive countryside and canalside walks, making it ideal for both convenience and leisure.
The accommodation comprises entrance hall with doors leading to an open plan lounge/kitchen/diner, a shower room, and an airing cupboard.
The shower room features a Velux window, pedestal wash hand basin, low level WC, and a double shower, with tiled flooring continuing through the entrance hall, shower room, and kitchen area.
The open plan living space provides a bright and versatile layout, with the kitchen benefiting from a Velux window and fitted with a range of wall and base units, work surfaces over, built in oven, gas hob, extractor fan, gas combination boiler, and space for a washing machine, dishwasher, and fridge/freezer.
The living area benefits from a double glazed uPVC window and carpeted flooring, with a door leading to the bedroom, which also offers a double glazed uPVC window, carpeted floor, and built in storage.
Outside, the property benefits from a carport and additional parking located directly in front. EPC Rating: C.
Council Tax Band: A Leasehold information We have been advised of the following: Service charge: £138 per month (December - August) Ground rent: £250 per annum Lease: 136 years left This information would need to be verified by your chosen legal representative.
Material information Type - ApartmentAge/Era - Ask AgentTenure - LeaseholdGround Rent - Ask AgentService Charge - Ask AgentCouncil Tax - Band aepc Rating - CElectricity Supply - MainsGas Supply - MainsWater Supply - MainsSewerage Supply - MainsBroadband Supply - Ask AgentMobile Coverage - Depends on providerHeating - Central Heating, Gas Central Heating, Gas HeatingParking - Parking, Off-streetEV Charging - Ask AgentAccessibility - Ask AgentCoastal Erosion Risk - Ask AgentFlood Risks - No flood defencesMining Risks - Ask AgentRestrictions - Ask AgentObligations - No restrictions, No private right of way, No Public right of wayRights and Easements - Ask Agent
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 40, Narrowboat Lane, Northampton
Explore nearby